posted
Insider buying, of course. You (ceo of co.) buy 10's of millions in stock. If it's preferred, it's most likely restricted and won't be split. You may even issue yourself a special type of restricted type of common shares where you can trade after a short holding period. Just in time to sell when the stock rebounds a little after the split pay date. Done all the time, more complex verbiage then I can come up with right now, but I think you get the drift.
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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Hey, BMSI sounds pretty good. They've been around and are doing things with some big names to promote cooperative drug research. BMSI just lends more credibilty to SVXP. Do a Google on "Boston Market Strategies".
quote:Boston Market Strategies, Inc. (BMSI) is a consulting firm with more than 10 years experience in the Healthcare and Life Sciences markets. BMSI brings a unique combination of market experience and intelligence to support all phases of the clinical trial process. Extensive market research, subject matter experts and consultants support BMSI's senior staff. BMSI assists its clients in evaluating, selecting, and managing first-class partners. BMSI currently has a relationship with fifteen technology vendors. BMSI is a privately held company located in the greater Boston area. Visit the BMSI web site at http://www.bmsi3.com .
[ January 09, 2006, 17:50: Message edited by: Thorn ]
-------------------- May your trading build your character as well as your portfolio.
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Stockster5, those insider buys don't list anything about "preferred" shares, but state that they were "Common stock". It's good to consider such things, but in this case I think you are reaching. Please try to do a more thorough analysis before posting. Partial information leads to false rumors and takes up time to verify.
Don't get me wrong, the DD is nice. Just follow through.
-------------------- May your trading build your character as well as your portfolio.
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That's just it... what the hell does bmsi have to do with salvage? They don't, as far as I'm concerned. It's a couple of junior executives, working part time for svxp, getting in on the penny stock issue train and making money. America, you gotta love it.
Actually, I was not referencing anyone in my example, but since you mentioned svxp, here you go. look these up on your finance web page of choice, select company filings, then check the dates. You'll notice that form 3's almost always include other types of stocks, bought or sold. It really makes no difference in the bottom line if they're purchased as Indirect or direct by the officers. The officers ARE the company, thus those shares or the money will be theirs at some point.
form 3 baca .......... 11/09/05 preferred + common
form 3 gross .......... 11/14/05 preferred + common
form 3 cavan ......... 11/15/05 preferred + common
form 3 sprouse ...... 11/16/05 preferred + common
form 3 knollenberg ..12/01/05 preferred + common
S5
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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I guess you'd rather have guys who know nothing about running a business. I'd rather have guys who know how to run a business than treasure divers who don't. Remember that these guys are running the financial end that supports the portfolio companies, and the portfolio companies do the actual work.
I did look at the form 4's and not the 3's, so I stand corrected there. However, why ever would you post something like that in this thread if you DIDN'T mean it about SVXP???
Also, please explain why these insiders acquired shares for free as per form 3, and then bothered to buy more shares with their own money, as shown on form 4. The conspiracy deepens....
[ January 10, 2006, 00:47: Message edited by: Thorn ]
-------------------- May your trading build your character as well as your portfolio.
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posted
UM, They didn't buy for free... it cost million to buy billion at something like .0001. Svxp HAS no money in past years... Cali has no money in past years... WHERE did sprouse and cavan get the money? A loan against the company, a exchange against their salary for the next 5 years? Are you saying they just issued themselves 10 BILLION shares for free? I would think maybe the bank sub companies they hold. I haven't the accounting experience to figure out the financial mumbo jumbo in the 40 pages of filigs. If you ever discover how they do this AND could post it in english, that would be awesome.
No, I wouldn't want guys who designed my seatcovers working on my car engine,
But don't you think every president should get their ass wet in their own company? I say stick em in fins and shove them overboard and see if they float! good night for now....
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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posted
Hey peoples, got this in an email. Looks like no one posted it so I'm going too....
Winston Churchill called it ́a world war ñ the first in history,î yet history largely has forgotten the epic struggle 250 years ago that determined the future development of North America ñ and the world. As historian Fred Anderson observes, scholars usually call it the Seven Yearsí War (1756-1763); in the U.S., many call it the French and Indian War. Anderson says it more accurately could be called ́The War That Made America,î which is the title of his new book on the conflict. It not only ended Franceís colonial empire in North America but sowed the seeds of discontent over British rule that led to the American Revolution and creation of the United States a dozen years later. Although the British defeated the French in the war and evicted them from Canada, securing that victory involved many setbacks and was enormously costly. An attempt in 1757 to engage a large French naval fleet anchored in the harbor of Louisburg, a key military fortress on the southeast coast of Cape Breton Island, was disastrously unsuccessful due to a sudden, violent hurricane on September 24. It severely damaged British Vice-Admiral Francis Holburneís squadron of 20 warships, forcing many of them onto the islandís rocky coast, toppling the masts on all but nine of the vessels, and sending several to the bottom. Among the ships lost was the HMS Tilbury, a 1,124-ton, 64-gun warship that was carrying an estimated half-million silver Spanish Pillar Dollars, the legendary ́pieces of eightî that are among the most fabled of historic coins. The Tilburyís treasure would be worth between $25 million to $30 million today ñ and remains largely untouched on the ocean floor.
The Seven Yearsí War Great Britain and France were far from the only combatants in the Seven Yearsí War, nor was North America its only theater of operations. It was in fact a global conflict with battles as far afield as Europe and India. Great Britain was aligned with Prussia and Hanover; France was aligned with Austria, Spain, Russia, Sweden and Saxony. In addition to the battles between the French and English over who would control both North America and India, the other powers fought over which nation, Austria or Prussia, would control Germany, as well as over what role each of the nations would play in a realigned Europe. By the warís end, Britain had the globeís biggest colonial empire and was an unrivalled superpower; Prussiaís Frederick the Great dominated Europe; and Russia had emerged as a power of consequence on the continent. The French in North America had been aligned with Indian tribes in the West (todayís western Pennsylvania and Ohio), which is why the English colonists called the conflict the French and Indian War. The Iroquois tribes of the Northeast, who had long remained neutral, eventually aligned with the British. The warís outcome permanently weakened the Native American tribes who previously had exerted considerable diplomatic and military leverage on the British and French. Ironically, although France lost most of its colonies and navy, it managed to rebound both financially and militarily, enabling it to play a decisive role in the American Revolution. Most significant of all, however, was the impact the war had on the American colonists who had fought so valiantly on Great Britainís behalf. They believed their devotion to the mother country proved that they were equal to any native-born Englishman. The ministries in London thought otherwise. They strove to re-establish tight control over their increasingly feisty American colonies. The result was the growing acrimony that ultimately led to the revolution which gave birth to the nation that supplanted Britain ñ and every other superpower ñ in the 20th century.
The Siege of Louisburg Louisburg, founded in 1713 (as ́Louisbourgî), was one of the busiest ports in North America and a vital military outpost in New France. Large and free of ice, it was a major trade center for the areaís immense cod fishery and a naval base where some 150 ships arrived and departed each year. Among them were many privateers that regularly preyed on English ships with the encouragement of ñ and generous bounties from ñ the French crown. New England colonists actually had captured Louisburg once ñ in 1745 ñ during what was known as the War of the Austrian Succession. In the 1748 Treaty of Aix-la-Chapelle, which ended that war, the French regained control of the port. When the Seven Yearsí War began, Louisburg once again became a key objective of the British. The commander in chief of the English forces, John Campbell, the Fourth Earl of Loudoun, arrived in New York late in July 1756, planning to assemble most of his troops ñ some 12,000 soldiers and 8,000 sailors ñ in Halifax and attack Louisburg. Wealthy, well-connected, and notoriously incompetent, Loudoun took his time in preparing the assault and did not arrive in Halifax until a year later, July 1757, shortly before Holburneís fleet of 45 transports, 15 men-of-war, two sloops and two bomb ships sailed in. Loudoun finally was about to launch a combined land-and-sea assault on Louisburg in August 1757 when he received word that the French had sent a fleet of 22 ships of the line, plus extra troops, to reinforce the fortress there. Outmaneuvered, Loudoun decided to postpone his attack. Holburne, however, instead chose to head to Louisburg on his own to undertake an exploratory reconnoitering expedition ñ hoping to lure the French fleet there to come out and fight. Holburneís 20-ship fleet, which included the HMS Tilbury, had fully assembled at the mouth of Louisburgís harbor by August 20 and was taunting the safely anchored, 24-ship French fleet by sailing back and forth in front of the harborís mouth, flying its flags and firing its guns. The commanding admiral of the French fleet, the wily, 74-year-old sea dog, Emmanuel-Auguste de Cahideuc, Comte Debouis de la Motte, would have none of it. His ships, among the largest fleets ever sent to North America from France, remained snugly in the harbor, protecting the Louisburg fortress. The standoff between the British and French fleets ended abruptly and dramatically in the early morning hours of September 24, 1757 when a massive storm ñ what Holburne later called ́a perfect Hurricaneî ñ swept in from the east/southeast, catching the British fleet at anchor. The high wind and enormous waves were devastating ñ and to the Tilbury, fatal. The HMS Tilburyís Fate The Tilbury of 1757 was the third of at least eight British Navy vessels to bear that name and the last grand square-rigger so christened. (Its successors, all mechanically powered, served in many subsequent conflicts, including World Wars I and II.) Built in Portsmouth and launched in 1745, it had been involved in engagements in the West Indies and Cuba prior to its initial deployment to Halifax in 1749. It returned to British waters in 1751 and six years later once again set sail for Halifax as part of Vice Admiral Holburneís fleet. Under the command of Capt.Henry Barnsley, it evidently was serving a payship for the Holburne squadron that sailed to Louisburg. The September 24, 1757 storm struck around 3 a.m. as the ships were anchored between St-Esprit and Fuchett off the coast of Cape Breton Island. The powerful wind and waves drove the Tilbury and many of the other ships toward the rocky coastline. The sailors fought desperately to keep their ships afloat, dumping cannon and anchors overboard, shifting cargo, and bailing furiously. Many masts were felled by the mighty wind and control of the vessels was precarious. The 68-gun HMS Grafton struck a rock but fortunately was able to get clear of it; the 14-gun brig Ferret took on water and sank; the Tilbury also struck either a rock or sandbank but was unable to free itself. The waves and wind pounded her into submission and she sank, taking Capt. Barnsley and 120 of his 400 men to a watery grave. The surviving 280 men, including Barnsleyís second-in-command, John Thane, were rescued by the French, taken prisoner and treated humanely. As Holburne wrote in his subsequent report to the admiralty, around 11 a.m. the wind ́providentially and happilyî shifted from the south to west, enabling the rest of the fleet to avoid being forced onto the rocks and suffering the Tilburyís fate. Holburne ordered his nine ships with their masts intact to head immediately for Halifax to guard against a possible French assault; the severely damaged surviving vessels used improvised, jury-rigged sails to limp their way either to Newfoundland or directly back to England. Surprisingly, Admiral de la Motte did not attempt to pursue Holburneís storm-battered fleet. Instead, the French ships remained anchored in Louisburgís harbor until October 30th, when the fleet set sail for Brest with many of its sailors sick with typhus. A year later, without a fleet to protect it, Louisburg fell to British troops under General James Wolfe, who had replaced the procrastinating Loundon. On September 13, 1759, with the assistance of a British fleet that had sailed from Louisburg, troops under Wolfe would deliver the coup de grace to French Canada on the Plains of Abraham outside of Quebec ñ although the victory would cost both Wolfe and his French counterpart, General Louis-Joseph de Montcalm-Gozon, their lives. It was 10 days shy of the second anniversary of the sinking of the Tilbury.
The Spanish Pillar Dollar ñ and What May Be Found at the Tilbury Site The Tilbury carried a treasure of 500,000 coins, mostly silver Spanish Pillar Dollars, as well as gold coins and possibly silver ingots. Spanish silver coins were renowned for their consistent weight and purity, and no coin was more prized than the Pillar Dollar, which contained 27.47 grams of .9305 fine silver. Minted in abundance, it was the principal coin in circulation not only throughout the North American colonies but as far away as China, where it was accepted eagerly. It remained legal tender in the United States until 1857! The Pillar Dollar was a beautifully designed, perfectly round coin minted in screw presses. Its name derived from the image on its observe of the two hemispheres of the globe, adorned with a crown and flanked by the Pillars of Hercules, the ancient, mythology-based name for the two promontories at the eastern end of the Strait of Gibraltar, gateway to the Mediterranean Sea. This symbol ñ emblematic of Spainís overseas empire ñ gave rise to the dollar sign we use today. To indicate how many Pillar Dollars they had in their vaults, bankers would use the letter ́Sî for ́Spanish,î with two vertical lines through it to represent the pillars on the coin. The reverse side of the Pillar Dollar featured the coat of arms of the kingdoms of Castile, Leon and Granada, along with the escutcheon of Spainís royal family, the Bourbons. The Pillar Dollar spawned not only the dollar sign but slang terms that still are in common usage today. Valued at eight reales, the Pillar Dollar set the standard for all other fractional denominations of Spanish coinage ñ the º, ?, 1, 2 and 4 reales. American colonists referred to these smaller coins as ́bitsî of the dollar, or one- two- and four-bit coins; a half real, or half bit, was called a ́picayune.î Sometimes the Pillar Dollars actually were cut into pieces ñ or ́bitsî ñ to make change. These slices of the eight-real Pillar Dollar were ́pieces of eight.î Not only do the terms ́two bits,î ́pieces of eightî and ́picayuneî all stem from the Spanish Pillar Dollar, but even the New York Stock Exchangeís two-century-old practice of reporting security price variations in eighths (abandoned only in 2001) owed its origin to the coin. When the Exchange opened in 1792, rates were based on New York shillings, which in turn were valued at eight to the Pillar Dollar. Even though America adopted the decimal system for its money, the Stock Exchange continued to report changes in prices in eighths for more than two hundred years. The site of the Tilbury wreck was not confirmed until the summers of 1981 to 1986, when a team of French divers discovered it. From 1986 to 1987, they recovered 44 of the shipís cannon, considerable musket shot, cannon balls, iron ballast, the anchor, pieces of the shipís bell ñ and 446 coins, 16 of them gold and 430 of them silver. Most of the treasure was left intact. Sovereign Exploration Associates International aims to retrieve it.
---------------------------------------------- James Cavan Sr. VP, Business Development and Institutional Relations Sovereign Exploration Associates International, Inc. OTC BB: SVXP (781)246-7512
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Gee, Nile, I guess you have just as much right to pump on this forum as anyone else. But that's not what pissed me off... it was that Mr Cavan sent you a personal email of over 5 megs in size and didn't send me anything and I own over 200k of his lousy stock.! Some people get all the breaks. S5
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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Stockster, If you had done any research at all on this company you would know that you could be on the list for the newsletter. And 200k of stock???? WOW!
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Yea, well, some of us have less cash than others to gamble. Been there, done that. No joy. But it's okay, because I have you guys here for info of all types.
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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posted
I wanted to buy more sxvp, but since the R/S is brewing any time, I don't want to get stuck again... (many times) with a handful of shares that would need to go to 10 bucks just to get back $200.
I've noticed looking at penny company profiles, that once a sub-penny company does a r/s, they get addicted to them. BAD habit for shareholders. And this is my opinion only... too many officers at the top are cronies that came in together or where brought in rapidly later. You'll always have cronyism, but combined with instant bump-up of o/s, then huge insider harvesting makes me real uncomfortable. I hope the pps pops decently so people make money who want out before the r/s... like me! S5
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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Your right about pennies that do r/s. They usually get into a cycle and keep doing it. I think that we may stop the cycle with SVXP. They basically purchased the incorporation rights only from Cali. A shell basically. All new board. All new officers. The only reason they have for the r/s is too pay Cali back with 10% ownership. This is strictly speculation on my part. Before any of you start bashing me I repeat. This is only speculation on my part.
I'm not trying to get anyone to buy this stock. I like this company. I like the romanticism of finding hidden treasure. It's how I get my adrenaline rush.
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The volume is about to get insane as this filters out. This is the kind of crap that drives me insane about penny stocks. I bailed over a month ago because I knew from the filings that the r/s was coming. That was the right move. Of course 2-3 weeks after doing that, the f***** stock runs up like mad and I miss out on over $30K profit. Then if finally does happen, and BAM, here comes the r/s. And anyone that bought into it after the run is screwed. This crap will make you cranky.
-------------------- I just want to make enough money to be eccentric.
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LOL believe me, I would much rather lose opportunity than money!
I think it will depend on how soon they actually book real revenue from this stuff. I can't imagine how high their expenses are and how long it takes for the payday to finally get there.
-------------------- I just want to make enough money to be eccentric.
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WTF???? I went to target a few hours ago it was sitting at .0015 I come back and see this thread and dread fills my heart I log onto scottrade and see it at .008? Is something wrong with scottrade?
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*******S... At least there was a warning. But, same ****. issuing a r/s on late friday before a holiday. I believe markets are closed on MLK day?
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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Yes, svxp dropped to .0008. Now you should see all the officers selling shares right after the split or as soon as the restricted date is reached for their preferred. So what else is new in penny land. THIS IS WAY YOU SHOULD NEVER FALL IN LOVE WITH A PENNY STOCK ,,,...
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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Okay, obviously I'm upset. Let me share what I believe is a technique for r/s. This is only MY observation - NOT A RULE, or FACTUALLY proved discovery. On the last 6 r/s's that happened to me in one year... with completely unrelated companies and sectors... on 4 companies, they announced r/s eminent within 6 months, on the other 2 - NO announcement.... ALL SIX PR'd or filed after 2:30 pm on a Friday before a holiday monday of the VERY NEXT holiday event. This obviously keeps a run from happening, and more, it totally screws anyone who thought they had at least a couple of weeks to play for any pops in pps. In svxp case, this is the 7th split for me (but 1st in new year) that had waited until a second holiday event since first announcement. This new stock will sell at a higher pps for only a short time, and I predict sub-penny within 2 months. This scenario is prevalent in majority of r/s's. Just do a profile search on any r/s penny stock then chart it and it shows the higher percentage is in the reduction scenario.
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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I've definitely confirmed Exchanges are closed monday 16th. Mlk day. I had put in a sell order for 80% of my holdings on weds., but at a higher pps. Nothing like having an instant count of 200 shares of a shell company.
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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